Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
23 March, 2018 12:13 IST
ITDC executes STA for transfer of 51% stake in MPAHC & AAHC
Source: IRIS | 30 Jun, 2017, 09.49AM
Comments  |  Post Comment

India Tourism Development Corporation (ITDC) has executed the Share Transfer Agreements (STA) for transfer of 51% equity stake in Madhya Pradesh Ashok Hotel Corporation (MPAHC) for a consideration of Rs 125.9 million and 51% equity stake in Assam Ashok Hotel Corporation (AAHC) for a consideration of Rs 21.4 million.

Total volume of shares traded on the bourses today was lower by 97.85% to 2,990 compared with 22-day average volume of 139,089.

ITDC has been the prime mover in the progressive development, promotion and expansion of tourism in the country. The company is running hotels, restaurants at various places for tourists, besides providing transport facilities.

Shares of the company gained Rs 3.65, or 0.68%, to trade at Rs 541.25. The total volume of shares traded was 2,990 at the BSE (9.43 a.m., Friday).

India Tourism Development Corporation Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Security Code type    into this box
Vakrangee ties up with Blue Dart Express - 23-Mar-2018 09:54
Suven Life Sciences secures 3 overseas product patents - 22-Mar-2018 12:24
Cox & Kings sells 11.58% stake in subsidiary - 22-Mar-2018 12:20
Sadbhav Infra receives LoA for NHAI road project - 22-Mar-2018 10:44
Steel Strips Wheels receives 7,000 wheel order from UK aftermarket - 22-Mar-2018 10:37
Zensar Technologies acquires US based Cynosure Inc - 22-Mar-2018 10:33
Dilip Buildcon declared L-1 bidder for Rs 6.77 bn NHAI project - 22-Mar-2018 10:26
IRB Infrastructure Developers wins Rs 34 bn Hapur bypass BOT project - 22-Mar-2018 10:18
Sun Pharma announces USFDA approval of ILUMYA drug - 22-Mar-2018 09:39
Ashok Leyland bags orders for 2,100 buses from Tamil Nadu - 21-Mar-2018 10:17
Suzlon designs and produces India's longest wind turbine blade - 21-Mar-2018 10:11
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer